Copenhagen-based modl.ai, a startup that delivers game technology to accelerate game development and enhance player engagement globally, announced on Wednesday, November 2, that it has raised €8.5M in a Series A round of funding.
The investment was led by Griffin Gaming Partners and M12 – Microsoft’s Venture Fund. The company also saw participation from Rendered.vc, PreSeed Ventures, and Transistormedia.
Pierre-Edouard Planche, Partner at Griffin Gaming Partners, says, “Gaming is one of the trickiest user experiences for which to automate testing, and it, therefore, requires an utmost degree of technical talent and research combined with direct experience working in games. This is why we are very excited to be backing Christoffer, Lars, Benedikte, and the modl.ai team to help streamline a growing pain and multi-billion-dollar industry expense that is top of mind for many game developers.”
Use of funds
modl.ai says it will use the fresh capital to expand its reach and to make its AI Engine available to developers worldwide.
With a simple setup, developers will get access to AI players – to not just test and balance their games but also have access to customisable bots who will play their game with or against their player base. modl.ai’s AI Engine works with major publicly available game engines such as Unity and Unreal Engine and can be extended to support any modern game engine
Developers will access AI players with a straightforward setup, allowing them to play their games with or against their player bases as well as test and balance them. The AI Engine from modl.ai is compatible with all major publically accessible game engines, including Unity and Unreal Engine, and it may be expanded to support any contemporary game engine.
Building the future of AI-driven tools for game development
Founded in 2018 by Benedikte Mikkelsen, Christoffer Holmgård and Lars Henriksen, modl.ai delivers game technology that accelerates game development and enhances player engagement around the world.
modl.ai AI engine claims to be revolutionising the game creation industry by providing creators with a virtually limitless army of bots that can adjust to different playing styles, use dynamic manoeuvres, and apply strategies. This allows developers the ability to increase automation and eliminate duplications and manual tasks that frequently delay and cause releases of new games and upgrades to be delayed by months or even years.
CEO Christoffer Holmgård, says, “We started modl.ai to build the tools and technology we always wished we had as game developers. In 2018, we decided that the timing was right, both for technology and the market. The founders had worked together in games and AI for more than a decade, always discussing how we could bring advanced AI to game developers broadly, offering something completely new to the industry that we love. All games are unique, creative works, but they share production needs and technological characteristics. That’s why the games industry is becoming increasingly modular and standardised. This is a good thing, and we want to be the de facto AI Engine for as many games as possible.”
The modl.ai founders have developed and launched more than 30 games for PC, Mac, Playstation, Xbox, Switch, Apple Arcade, and other platforms.